# 118 Garland Ave, Hot Springs, AR 71913 > **TL;DR:** residential multi family, $289,000 ($143/sqft), built 1939, 2,021 sqft. Est. $1,545/mo. Listed 205 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $289,000 | | Price/sqft | $143 | | Square Feet | 2,021 | | Year Built | 1939 | | Lot Size | 6,970 sqft (0.16 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 205 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,461 | | Estimated Insurance | $84 | | **Total** | **$1,545** | ## Property Highlights - Built in 1939 - 0.16 acre lot - 2 stories ## Description ### Agent Description Income-producing quadplex located in the heart of Hot Springs, AR. This multi-unit property features a total of four units, including three (3) 1-bedroom, 1-bath units and one efficiency unit, providing a versatile rental mix that appeals to a wide range of tenants. Each unit is separately metered for electricity, allowing tenants to cover their own electric usage, while gas and water are on a shared meter, helping simplify management and expenses. The property's layout and unit configuration make it ideal for both long-term rentals and potential short- to mid-term rental strategies, depending on investor goals. Conveniently located near downtown Hot Springs, this property offers easy access to local shopping, dining, entertainment, and area attractions, increasing its desirability and occupancy potential. Its central location and consistent rental demand make it a strong addition to any investment portfolio. Whether you are expanding your portfolio or entering the rental market, this quadplex offers solid income potential, a desirable location, and the opportunity to maximize returns with strategic management and rental optimization. ## Location - **Address:** 118 Garland Ave, Hot Springs, AR 71913 - **County:** Garland - **Neighborhood:** Dawers - **Coordinates:** 34.499929, -93.057208 - **Google Maps:** https://www.google.com/maps?q=34.499929,-93.057208 ## Listing Agent - **Name:** Karina Alvarez - **Brokerage:** Signature Homes Real Estate - **Broker Phone:** 5013593059 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/118-Garland-Ave_Hot-Springs_AR_71913_M84693-13637?f=listhub&s=CARMLS&m=26014055&c=propsimple) ## Photos ![118 Garland Ave - Photo 1](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f1199135704r.jpg) ![118 Garland Ave - Photo 2](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f4109584521r.jpg) ![118 Garland Ave - Photo 3](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f2389494630r.jpg) ![118 Garland Ave - Photo 4](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f1573242175r.jpg) ![118 Garland Ave - Photo 5](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f1614148004r.jpg) ![118 Garland Ave - Photo 6](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f304039158r.jpg) ![118 Garland Ave - Photo 7](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f514246514r.jpg) ![118 Garland Ave - Photo 8](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f1726007093r.jpg) ![118 Garland Ave - Photo 9](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f1319772748r.jpg) ![118 Garland Ave - Photo 10](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f1334936702r.jpg) ![118 Garland Ave - Photo 11](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f3562547522r.jpg) ![118 Garland Ave - Photo 12](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f17889177r.jpg) ![118 Garland Ave - Photo 13](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f2696734471r.jpg) ![118 Garland Ave - Photo 14](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f3169799032r.jpg) ![118 Garland Ave - Photo 15](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f4042228696r.jpg) ![118 Garland Ave - Photo 16](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f1033782619r.jpg) ![118 Garland Ave - Photo 17](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f656864616r.jpg) ![118 Garland Ave - Photo 18](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f3454948221r.jpg) ![118 Garland Ave - Photo 19](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f447555762r.jpg) ![118 Garland Ave - Photo 20](http://lh.rdcpix.com/87867e3d218165a292b7cda1064fe6a8l-f184882652r.jpg) --- **MLS#:** 26014055 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/118-garland-ave-hot-springs-ar-71913-e80b6434a6b14dbba1f61d2e70464057) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/118-garland-ave-hot-springs-ar-71913-e80b6434a6b14dbba1f61d2e70464057#listing", "url": "https://www.propertysimple.ai/listing/118-garland-ave-hot-springs-ar-71913-e80b6434a6b14dbba1f61d2e70464057", "name": "118 Garland Ave, Hot Springs, AR 71913", "description": "Income-producing quadplex located in the heart of Hot Springs, AR. This multi-unit property features a total of four units, including three (3) 1-bedroom, 1-bath units and one efficiency unit, providing a versatile rental mix that appeals to a wide range of tenants. 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